worth repeating (on holidays Coffin Bay).....
The key KPI for the management team is getting to cash flow neutral. This trumps everything including the $100m ARR. They think they will get to $100 ARR but the timing is all about getting to cash flow neutral. Slide 20 and 21 were the keystone to the meeting. Management are measuring themselves by these metrics. Shareholders can hold them accountable to these metrics. Revenues will grow faster than costs and annualized cash burn will fall . CEO is determined not to return to the market for capital.
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David Keane, Co-Founder & CEO
David Keane
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